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Politics : Ask Michael Burke

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To: Les H who wrote (70084)	11/4/1999 3:47:00 PM
From: Les H	Read Replies (1) of 132070

AJC Fed Up biz.yahoo.com Her statement is puzzling. Everyone knows that the Fed raises rates to restrain growth and inflation. So, it would not make much sense to have to warn that raising Fed rates would raise bond yields. If after raising rates, the economy continues strong, bond yields will back up but it's not related to the Fed raising rates.

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